The Philippine Nickel Industry Association (PNIA) is urging authorities to promptly resolve the case of Mr. Joseph Sy, Chairman of Global Ferronickel Holdings, Inc. (FNI) and a respected PNIA member, who was detained by the Bureau of Immigration (BI) on 21 August 2025.
PNIA emphasized that Mr. Sy is a Filipino citizen whose nationality has been upheld by Philippine authorities, including the BI itself in two separate rulings. The Association noted that the circumstances surrounding his continued detention create uncertainty that could affect investor sentiment at a time when the Philippines is striving to reinforce its standing as a reliable and competitive mining investment destination.
“Consistency and respect for due process are essential to maintaining investor confidence,” PNIA said. “This matter underscores the importance of a predictable, rules-based environment for both local and international stakeholders in the mining sector.”
The Association reaffirmed its support for a mining industry that is transparent, stable, and aligned with the rule of law. It also stressed that ensuring clarity in regulatory and legal processes is fundamental to strengthening the Philippines’ position in the global mineral development arena.
PNIA expressed confidence that authorities will act swiftly to address the situation in accordance with due process, ensuring the protection of rights while sending a strong signal that the Philippines remains a secure and dependable partner for investors.
